Is Bitcoin Going To Zero? - page 9. | Bitcointalksearch.org

deisik

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Quote from: 2girls on December 09, 2018, 09:16:56 AM

great I get the opportunity to short considerably more before we hit zero. Straightforward.

Well, you know shorts can be extremely dangerous (to your account)

I remember like around two years ago (maybe in early 2017) some dude tried to recklessly short Bitcoin until he got a margin call and his position was liquidated. He lost something like 600 BTC if I'm not mistaken. Anyway, technically I agree with you as I'm widely using shorts myself but only as a hedge against crashes and an edge to outperform the market in the long run. Naked shorts are a big no-no unless you are a market-maker, i.e. someone who can unwind their positions quickly without sacrificing too much if things go massively awry

pucunghul

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No, I think bitcoin will not return to zero, because now bitcoin is very popular and has more users, even though now bitcoin is declining but bitcoin will definitely rise again, keep calm and wait for the bitcoin to rise soon.

YOSHIE

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Everything in the world returns to zero, from the fire back to fire, from the ground back to the groundbut not with Bitcoin if the world has not yet doomed, and people continue to use Bitcoin, Bitcoin continues to grow and will not go to zero, remaining prosperous until all time, only now may not be time to show the true price of Bitcoin this year.
now everyone is nervous about the price of Bitcoin at the moment, but don't worry that this will all go away and Bitcoin will grow in price like in 2017.

Twentyonepaylots

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Quote from: joevplan on December 08, 2018, 09:01:52 PM

Money is the means of trade not producing goods... As stated in the article and what shows the level of that publisher...

With the present status on the crypto market everyone seems expert to give out there opinion on what to become on Bitcoin in the market. One should note that market is Volatile, price value may goes up and goes down dependent on the volume of investment put in by the investors. The current Bitcoin price drops does not mean that it will dive to Zero Value.. that person maybe just want a media attention. nerver the less lets just hope that the crypto market will goes back again to a more favorable status. better just ignore such negative statement.

2girls

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Quote from: lrvjvt on December 08, 2018, 09:34:15 PM

Just think of it as a joke. After so many years, there will always be some so-called experts who put forward the theory that "bitcoin falls to zero." I have seen at least 10 such articles at least. Just reading is fine，but don't take it too seriously.

Lets view this market for example. Bitcoin has been around for a considerable length of time. its had a moderate development, and afterward dump, again and again. a year ago individuals began to pay heed since it was given an application to make individuals every day intrigue (bitconnect). individuals began remortgaging their home and heaping their life reserve funds into bitcoin, not on the grounds that it was this astounding thing, but rather in light of the fact that they were seeing every one of these individuals getting rich. At that point they found out about what a ponzi conspire was, got scorched, and sucked what they had forgotten back. just the card sharks stayed and the market has been sucking endlessly at them from that point onward. no purpose behind 1 coin to be worth thousands. that is my predisposition and that how I exchange. in the event that it siphons, great I get the opportunity to short considerably more before we hit zero. Straightforward.

clonely

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We've all seen that a lot of FIAT money has lost their value quickly against USD! And no other FIAT valuable than USD this much. Yes, we are watching declining Bitcoin in these days. But no one believes Bitcoin will be zeroed. It will be recovered soon.

PlusOne88

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Surely this article is a bit funny as bitcoin is quite impossible to go that low given how useful it is. But granting it will fall even more it will be to the level where people will be using it not for holding the coins as an investment but for utility. I am cetain that there will be users and If bitcoin will still be utilized regularly it will survive this instability as of now and eventually will go up again.

kucritt

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i think bitcoin never reach the 0 zero and i think that bitcoin will have any value at the end. why? because we can see that there are many cryptocurrency price is affected by the bitcoin. if bitcoin price is 0 it mean all cryptocurrency value will going to 0 value

CacoeCrypto

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If it goes to zero, some other coin will be pumped in its wake. Theres too much love for crypto.

Bhugz09

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Actually anything can happen. Even the strongest bank in USA declared bankrupsy. But the stand of bitcoin right now less probability of going zero. Maybe its price is falling but theres no indication that it is going zero.

BitHodler

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Quote from: Kakmakr on December 09, 2018, 01:15:09 AM

Bitcoin is also more secure for online transactions on the internet and merchants like the fact that customers cannot cancel the tx's after it has been done, like with chargebacks with credit cards. Tongue

Even with that in mind, legacy payment infrastructure is still the leading way of conducting payments, especially with how beneficial it is for the buyers. It will take a lot time for crypto to adjust to that.

Overall, the legacy payment infrastructure won't sit on its arse for ever. As crypto takes it to the next level in terms of adoption, so will the centralized options do, because that's what competition does at the end of the day.

I have yet to see how Bitcoin or any other crypto currency will make me switch my tap to pay debit card. It's fast, free, I enjoy buyers protection, and even bonus points in some cases.

Inosend

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Capital letter No, bitcoin has no zero value even in the future, bitcoin is only going through real trail

deisik

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Quote from: Velkro on December 09, 2018, 12:28:02 AM

Quote from: deisik on December 08, 2018, 03:02:30 PM

What makes it particularly hilarious is the author's striking inability to understand that to make a consistent and coherent argument he has to tie up loose ends in his logic and reasoning

This is cancer of today's media coverages. Fake news all around, you can't tell difference between real news and fake news. Its really problem of modern world right now.
People need to learn information analysis in schools, its new era that is coming. It must come.

There's a silver lining to virtually anything

And I guess that has little to do with information analysis as such. What has is your profound understanding of the matter that someone is trying to put in your head, and then making use of simple logic to see where the narrative fails. In this specific case, for example, I know what money is and I know what Bitcoin is, so it was easy to point a finger and explain comprehensively and exhaustively why the author writes complete self-contradictory bullshit. But I agree that the news outlets posting such garbage first and foremost discredit themselves, not Bitcoin or whatever. Makes a perfect study case and example

Kakmakr

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As you said, haters is going to hate. Angry

As long as Bitcoin has some utility or whilst there is a need for it, people will buy it and we know there are no other payment network that can transfer value globally, without governments being able to stop that.

We also know Bitcoin transfers is cheaper than most remittance services, so people will rather use Bitcoin to transfer money to their family in other countries.

Bitcoin is also more secure for online transactions on the internet and merchants like the fact that customers cannot cancel the tx's after it has been done, like with chargebacks with credit cards. Tongue

PointHope

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Quote from: Vongola on December 08, 2018, 07:28:18 PM

Quote from: PointHope on December 08, 2018, 03:10:40 PM

The Euro and USD are going to zero!

Lol. It's not gonna happen (if you are serious with your post)

Quote from: deisik on December 08, 2018, 03:02:30 PM

Bitcoin is money but money itself doesn't produce any products or services on its own.

Agreed with this. The author might be think bitcoin is a machine or something which can produce thing. It's future money

If you look at the USD from a historical perspective it has already lost 98% of it's value since the beginning of the Federal Reserve.

Seeing how the Fed was giving money away at negative interest rates for a spell, an argument could be made for the value of the USD being less than zero. Whatever value exists now seems entirely based on military threat.

As far as the Euro goes it seems like the former DM is or was the foundation.
Notable is the pound sterling and Swiss Franc not being players. Not sure I understand how all that works.
For the average guy (me) these high faluting currency games are a bit mysterious if not outright fraud on a gullible public.

xhomerx10

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Quote from: Vongola on December 08, 2018, 07:28:18 PM

Quote from: PointHope on December 08, 2018, 03:10:40 PM

The Euro and USD are going to zero!

Lol. It's not gonna happen (if you are serious with your post)

Quote from: deisik on December 08, 2018, 03:02:30 PM

Bitcoin is money but money itself doesn't produce any products or services on its own.

Agreed with this. The author might be think bitcoin is a machine or something which can produce thing. It's future money

How can you say the US dollar wont go to zero? It already happened.

iamMhew

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Many of us are using bitcoin as the main crypto currencies to be exchange to the other, meaning the "zero" mentioned is not for bitcoin, even though theres a lot of dip and the markets are really bleeding, but the value of bitcoin will not turn to zero, even though theres a lot of FUDs will exisit.

Velkro

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Quote from: deisik on December 08, 2018, 03:02:30 PM

What makes it particularly hilarious is the author's striking inability to understand that to make a consistent and coherent argument he has to tie up loose ends in his logic and reasoning

This is cancer of today's media coverages. Fake news all around, you can't tell difference between real news and fake news. Its really problem of modern world right now.
People need to learn information analysis in schools, its new era that is coming. It must come.

Dr.Osh

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Quote from: Jocuserious on December 08, 2018, 11:32:07 PM

I don't think how Bitcoin price come back zero volume, because have marketcap volume of the number one Bitcoin currency.i believe it accounting is the good purchase Bitcoin and lot of people choice him.so now Bitcoin popular lot of so price down simple but don't come zero volume hope.

well, I think indeed the price of bitcoin just goes down, and of course that won't make the price of bitcoin become zero. besides, so many people make transactions about bitcoin. many new investors are coming, of course this will not make the price of bitcoin become zero.

larrylegend33

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I would never think that the bitcoin going to zero. This is something ridiculous. With all the investment and with the millions of participant the price just can't go to zero. The last week the world have the The Group of Twenty (G20) meeting and the bitcoin and the cryptocurrency has been talked in there. I think that was quite important for our community and the market. We should consider it very good news.

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